Beijing is making good on its threats to clamp down on the sprawling “platform economy”, with President Xi Jinping weighing in on the need to rein in behemoths that play a dominant role in the…
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Rising to the Challenge of China
Mr. Blinken, who will meet with Chinese leaders in Alaska on the way home, called China “the biggest geopolitical test of the 21st century.” He’s right. For years, many Americans downplayed the … ( read…
Why Luxury Stores Are More Important Than Ever In China
Online retailing has undoubtedly contributed to the growth of luxury sales in China. Yet, physical retail locations are still a key shopping motivator. ( read original story …)
China reports first confirmed local coronavirus case since Feb
China reported one confirmed local coronavirus case on Thursday, health authorities said. The case in Xi’an city in northwestern Shaanxi province is the first locally transmitted case since Feb. 14, … ( read original story…
China faces difficulties attracting foreign investment this year, ministry says
China faces a severe and complex situation in attracting foreign investment this year, commerce ministry spokesman Gao Feng told reporters in an online briefing on Thursday. ( read original story …)
China says topic of potential Xi-Biden meeting not on agenda at Alaska talks
BEIJING (Reuters) – China’s foreign ministry said on Thursday that the topic of a potential meeting between Chinese President Xi Jinping and U.S. President Joe Biden is not on the agenda at the Sino-U ……
SMIC and Shenzhen government to invest $2.35 billion in building new foundry in China
SMIC, China’s largest chip maker, has entered into an agreement with Shenzhen government to build a new wafer fabrication plant in the country. The news arrives as the world suffers from a major … (…
North Korean Threat Forces Biden Into Balancing Act With China
Washington’s recent attempts to communicate with Pyongyang were rebuffed, leaving American officials to appeal to countries in the region to help pressure North Korea. ( read original story …)
Biden officials poised to confront China over ‘long list’ of contentious issues in first face-to-face meeting
A raft of contentious issues will dominate the Biden administration’s first face-to-face meeting with Chinese diplomats, set for Thursday in Alaska. ( read original story …)
China’s top chipmaker to build a $2.35 billion plant with government funding
SMIC is key to China’s plans to boost self-sufficiency in the semiconductor industry amid tensions with the U.S. ( read original story …)
China stocks downgraded by BCA Research on ‘non-trivial’ risk of policy overtightening
The downside risks to China’s cyclical growth trajectory are non-trivial, potentially threatening the economy and corporate profits, according to BCA Research. The trillion-dollar market correction … ( read original story …)
Top China Chipmaker Gets Government Funds for $2.4 Billion Plant
Semiconductor Manufacturing International Corp. will build a $2.35 billion plant with funding from the government of Shenzhen, the first major project to emerge from China’s masterplan to match the … ( read original story …)
Georgia shootings suspect in court, US-China talks, NCAA Tournament: 5 things to know Thursday
The suspect in the Georgia spa shootings will appear in court, the NCAA Tournament is set to begin and more news to start your Thursday. ( read original story …)
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